Originally Posted by
ItsJustMe
The stock price on GoPro might be dropping for a number of reasons. One, they've to some extent saturated the market. Also it's possible that investors have started figuring out that there have been many, many other cameras on the market that compete with GoPro pretty well in most areas.
I think right now the main reason GoPro's stock is taking a hit is that they just did a voluntary recall on every one of the new quadcopter that they just started shipping. Apparently the things have a control problem that makes them just fall out of the sky randomly.
The drones? I hear the OSMO is now the camera of choice with the high end drones. And GoPro just missed with less features.